The Economy
The whole system through which a society produces, exchanges, and uses goods, services, and work.
What the essays say
The capitalism essay ends on its hardest question: what is our economy actually for?
Should people exist to serve the economy?
Or should a healthy economy serve people?
Where people disagree
- Many economists describe the economy’s purpose as satisfying people’s wants as efficiently as possible.
- Others argue it should be judged by broader aims, such as security, fairness, and the ability to live well.
- Some push back on the idea that an economy has a single purpose at all, seeing it as the sum of countless individual choices.
